Tesla will start producing Megapacks, its utility-scale energy storage product, from a new plant in Shanghai from Q2 2024.

Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s Edison Power.

Norwegian firms Morrow Batteries and Eldrift have announced a non-binding offtake agreement for 1.5GWh of Morrow’s lithium iron phosphate (LFP) batteries.

Construction has started on two battery energy storage system (BESS) projects in Idaho which will be delivered by Powin Energy.

Groundbreaking has taken place for a manufacturing hub in West Virginia, US, to be powered by a large-scale solar-plus-storage microgrid.

Powin “very close” to announcing first US factory, company working to extend its reach into new markets including the UK.  

Our Next Energy (ONE) has raised US$300 million for its LFP cell gigafactory in Michigan while Turkish Kontrolmatik has started building its plant in South Carolina.

Singapore has surpassed its 2025 energy storage deployment target, with the official opening of Southeast Asia’s biggest BESS.

Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.

Microvast, a Texas-headquartered company manufacturing battery cells and storage systems, has won 1.2GWh battery storage deal.